UBS ETFIn order to proceed, you must confirm that you are a private investor based in Luxemburg.

  • Investments in these products should be made only after studying the current prospectus and Key Investor Information Document in detail.
  • The information was prepared without reference to any specific or future investment objective, financial or tax situation or requirement on the part of a particular individual or group.
  • The information is intended for information purposes only and constitutes neither an offer nor a solicitation to buy or sell securities of any kind or related financial instruments.
  • The products or securities described below may be unsuitable or prohibited for sale in all jurisdictions or to certain categories of investors.
  • The following information and opinions have been compiled or arrived at based upon information obtained from sources believed to be reliable and in good faith, but are not guaranteed as being accurate, nor are they a complete statement or summary of the securities, markets or developments referred to.
  • The following details and opinions are provided without any guarantee or warranty and are for the recipient's personal use and information purposes only.
  • UBS AG and/or other members of the UBS Group may have a position in and may make purchases and/or sales of any of the securities or other financial instruments mentioned below.
  • This and the following information may not be reproduced, redistributed or republished for any purpose without written permission from UBS AG.
  • Representative in Luxembourg for UBS Funds established under foreign law: UBS Fund Services (Luxembourg) S.A. . Sales prospectuses, , Key Investor Information Documents, articles of association and contractual terms as well as annual and semi-annual reports of UBS Funds are available free of charge from  UBS ETF Sicav, 49, Avenue J.F. Kennedy, L-1855, Kirchberg, Luxembourg.
  • Units of the UBS Funds mentioned above may not be offered, sold or delivered in the US. The information mentioned herein is not intended to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments.
  • The following information and charts may contain information on performance. Past performance is not a reliable indicator of future results. The performance shown does not take account of any commissions and costs charged when subscribing to and redeeming units. Commissions and costs have a negative impact on performance.
  • If the currency of a financial product or financial service is different from your reference currency, the return may rise or fall as a result of currency fluctuations. This information pays no regard to the specific or future investment objectives, financial or tax situation or particular needs of any specific recipient.
  • The details and opinions contained on this website are provided without any guarantee or warranty and are for the recipient’s personal use and information purposes only.
  • This and the following information does not constitute tax, legal or investment advice. Please contact your tax, legal and/or investment advisor.
  • The following information contain statements that constitute “forward-looking statements”, including, but not limited to, statements relating to our future business development. While these forward-looking statements represent our judgments and future expectations concerning the development of our business, a number of risks, uncertainties and other important factors could cause actual developments and results to differ materially from our expectations.
  • Source for all data and charts (if not indicated otherwise): UBS Asset Management. © UBS 2021

Global dividendInvestment in leading dividend-paying companies worldwide


Added value for your portfolio: take advantage of the benefits of dividends efficiently and at little cost. With the UBS ETF on the Dow Jones Global Select Dividend Index, you become a shareholder of leading dividend-paying companies worldwide.

Your benefits at a glance

  • Easy, flexible access to companies with a strong dividend track record at little cost
  • Efficient diversification given the global selection of stocks from 25 developed economies  
  • Physical index replication means direct investment into 100 leading dividend-paying stocks

Why dividends are important

Dividends offer genuine added value for investors participating in the distributions. They play a crucial role in contributing to the returns that a shareholder can additionally generate from holding stocks.

This is seen in the following comparison: A person who invested USD 100 in January 1999 in the Dow Jones Global Index, which is a portfolio of global securities, saw the value increase to USD 232 by January 2015. If the USD 100 investment is made in the Dow Jones Global Select Dividend, which selects 100 leading dividend-paying companies form Dow Jones Global universe, it would have increased over the same period to USD 528.

Although past performance is not a reliable indicator of future performance, this example clearly shows the power of dividends. Dividend strategy proves indeed more powerful over the longer term, nevertheless a shorter period from January 2009 to January 2015 also indicates  considerable outperformance against the broad universe.

Dividends – total return

Source: S&P Dow Jones, Asset Management. Past performance is no guarantee of future trends.

Figure 1: Dividends offer added value - comparison of the performance of the Dow Jones Global Index with the Dow Jones Global Select Dividend Index

To execute a successful dividend strategy investors face the challenge of selecting the right stocks. The various investment regions feature major differences in the amounts of dividends paid. Figure 2 shows a dividend landscape across developed economies contrasting a good year 2013 against financial crisis 2008. Not only do dividends vary over time – closely linked to country economic cycle – but dividend yields also differ considerably across countries.

Dividend yields

Source: MSCI, S&P Dow Jones, Bloomberg, UBS Asset Management. Past performance is no guarantee of future trends

Figure 2: Dividend Yields

Focusing on the names with the strongest dividends throughout various countries is therefore a sensible strategy. From the Dow Jones Global Select Dividend Index methodology viewpoint, that implies a multi-step approach leading to the selection of the best stocks. The companies are selected from the parent aggregate universe (Dow Jones Global Index) which represents approximately 95% of the global developed market and holds approx. 7,200 securities. This indexed strategy defines rules for portfolio construction, which is subject to annual revisions. 

In particular, a selected company must:

  • be a dividend yielder
  • be a dividend grower (last dividend-per-share ratio higher than the 5-year average)
  • retain a portion of earnings (dividend pay-out ratio capped at 80%, or 60% for US stocks) to ensure future business growth
  • be profitable (non-negative 12-month earnings-per-share)
  • be liquid (for replicability)  

The top 100 stocks which pass the dividend quality screens are weighted by indicated dividend yield, i.e. higher yielders receive a higher allocation (Source: Dow Jones Dividend Indices Methodology, November 2014). This approach intends to safeguard exposure to global, high quality, sustainable, higher-than-average yielding dividend stocks.

The allocation to stocks behind the Dow Jones Global Select Dividend strategy is reviewed annually (every March), meaning that exposure shifts are likely, reliant on year-on-year global dividend discrepancies. The re-allocations occur among countries and industries. Figure 3 shows a country breakdown.

Country breakdown of stock allocation

Source: S&P Dow Jones, UBS Asset Management. Past performance is no guarantee of future trends.

Figure 3: Country Breakdown

Prior to the financial crisis, there was a substantial dominance of the UK, USA and Australia, with their share reaching 70-80%. In contrast, the country allocation – post financial crisis – appears to be more diverse and balanced. In the same way, there was a weighty and increasing allocation to the financial industry, reaching approx. 50% just prior to the financial crisis in 2008 as seen in Figure 4. In more recent years, an increased presence of more defensive stocks (telecommunication services or utilities) is apparent.

Sector breakdown of stock allocation

Source: S&P Dow Jones, UBS Asset Management. Past performance is no guarantee of future trends.

Figure 4: Sector Breakdown

The UBS ETF DJ Global Select Dividend UCITS ETF (USD) A-dis offers investors a simple and efficient way to invest in companies with a strong dividend track record, while also broadly diversifying the investment universe across developed economies.

The stocks with the highest dividend yields are chosen for the index out of 25 developed market equity indexes from the Dow Jones Global Indexes family. The index exclusively includes companies that feature an advantageous dividend profile and meet several selection criteria relating to dividends.

They cannot have negative dividend growth, for example, and all dividend payouts must be easily covered by the company's profits. Because the index itself is listed in US dollars, however, investors should keep an eye on exchange rates, which can have a positive or negative impact on the investment's performance.

Global Select Dividend in focus

Fundname ISINReplicationFeeLast NAV
Fact sheet

UBS (Irl) ETF plc – S&P Dividend Aristocrats ESG UCITS ETF (USD) A-disIE00BMP3HG27





Fund description

The fund aims to track, before expenses, the price and income performance of the S&P Developed ESG Dividend Aristocrats Total Return Net Index.The fund invests in equities of the respective index.The fund is passively managed.

  • 1
Results per page
  • 10

Get to know us – we gladly assist you in finding the answers you need